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Thursday, 19 November 2009. NEW REPORT SAYS CONSTRUCTION JOB LOSSES COULD BE TACKLED WITH VAT CHANGES. New academic research conducted for the Repairing Britain campaign supports the campaigns belief that the benefits of a cut in VAT to five per cent on property repairs would more than compensate for the loss in government revenue. Also calculated is the effect of equalising the rate of VAT charged on new build projects and refurbishments because at present, new buildings do not attract any VAT whereas .CONTENT
This web page rokrepairingbritain.blogspot.com states the following, "NEW REPORT SAYS CONSTRUCTION JOB LOSSES COULD BE TACKLED WITH VAT CHANGES." We saw that the webpage said " New academic research conducted for the Repairing Britain campaign supports the campaigns belief that the benefits of a cut in VAT to five per cent on property repairs would more than compensate for the loss in government revenue." It also said " Also calculated is the effect of equalising the rate of VAT charged on new build projects and refurbishments because at present, new buildings do not attract any VAT whereas ."